Republic of Kazakhstan : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion.

The discussions centered on the needed steps to tighten monetary conditions, curb banks' external borrowing, and reduce banks' vulnerability to a sharp deterioration in the quality of loan portfolios. Strong expansion in oil and non-oil receipts in 2005 permitted continued rapid spending g...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2006.
Serier:IMF Staff Country Reports; Country Report ; No. 2006/244
Online adgang:Full text available on IMF
Beskrivelse
Summary:The discussions centered on the needed steps to tighten monetary conditions, curb banks' external borrowing, and reduce banks' vulnerability to a sharp deterioration in the quality of loan portfolios. Strong expansion in oil and non-oil receipts in 2005 permitted continued rapid spending growth within a sharply increasing surplus position of the overall budget. The authorities recognize that structural reforms to enhance the investment climate are critical for sustaining the non-oil sector's growth prospects. Significant gains in productivity will be required to offset the impact of the inevitable trend real exchange rate appreciation.
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Fysisk beskrivelse:1 online resource (46 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students